Market Melt-up and the Fed’s Magic Flute in the Courtyard of Aristophanes
The most recent Fed’s decision to turn policy on its head and pursue higher inflation targets for the sake of stimulating the economy, reminds us of a grand strategy without tactics, which simply is no strategy. The reason for this is the fact that the Fed has no...Weekly Market Update
September 4, 2020 Global Market News Global equities dropThis week, global equities fell as US mega-cap technology stocks came under selling pressure. The yield on the US 10-year Treasury note remained almost unchanged at 0.721%. The price of a barrel of West Texas...Covid-19 and the Day After
U.S. Election Priced as Worst Event Risk in VIX Futures History Michael P. Regan, BloombergRead the full article here Election season has traditionally been a source of volatility in the markets, and this year is no exception. One way investors hedge against this risk...Weekly Market Update
Global Market News Global equities hit record highs This week, global equities rose to new highs. The S&P 500 Index is near to the end of its best-performing month of August since 1986. The yield on the US 10-year Treasury note rose to 0.72% after the Fed’s...Covid-19 and the Day After
Time for Action on America’s Darwinian Debt Struggle Robin Wigglesworth, Financial Times Read the full article here Since March, the Fed has unleashed a dizzying display of relief measures aimed at mitigating the economic impacts of the coronavirus pandemic. These...Sign Up for Our Publications
